Westamerica Bancorporation
Updated Filing received by DOL
Westamerica Bancorporation, a finance & insurance employer in Fairfield, California, reported 843 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 11 insurance contracts with no premium reported and $752,313 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 14, 2026, before the deadline.
Who was paid on Westamerica Bancorporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Westamerica Bancorporation filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| EPIC Insurance Brokers · Concord, CA | $750,315 | $1,654 | $751,969 | 16 |
| Verus Insurance Services · Granite Bay, CA | $194 | $0 | $194 | 2 |
| Hodges-Mace Benefits Group · Atlanta, GA | $145 | $0 | $145 | 1 |
| Hodge-Mace Benefits Group · Atlanta, GA | $5 | $0 | $5 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Unum Life Insurance Company of Americacoverage not coded | 4 | — | $30 | — |
| Life Insurance Company of North Americacoverage not coded | 723 | — | $2,729 | — |
| Delta Dental of Californiadental, PPO | 682 | — | $9,377 | — |
| Delta Dental of Californiadental | 116 | — | $2,928 | — |
| Life Insurance Company of North Americalife | 963 | — | $16,876 | — |
| Provident Life and Accident Insurance Companylife, short-term disability | 92 | — | $3,577 | — |
| Life Insurance Company of North Americalong-term disability | 602 | — | $4,995 | — |
| Blue Cross of Californiahealth, HMO, PPO | 218 | — | $648,175 | — |
| Kaiser Foundation Health Plan Inchealth, prescription drug, HMO | 246 | — | $60,336 | — |
| Kaiser Foundation Health Plan Inchealth, prescription drug, HMO | 7 | — | $1,519 | — |
| Vision Service Planvision | 418 | — | $1,771 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Westamerica Bancorporation compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 639 | 843 | +31.9% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $162,666 | $752,313 | +362.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Combined Health and Welfare Plan of Westamerica Bancorporation#507 · insurance, general assets | December 31, 2025 | July 14, 2026 | before deadline | 843 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Westamerica Bancorporation pay in health insurance broker commissions in 2025?
Westamerica Bancorporation's 2025 Form 5500 reports $752,313 in broker commissions and fees across 11 insurance contracts ($750,659 in commissions, $1,654 in fees), with EPIC Insurance Brokers receiving the largest share.
Is Westamerica Bancorporation's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross of California, Kaiser Foundation Health Plan Inc.
How does Westamerica Bancorporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Westamerica Bancorporation because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.